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The Benchmark Report - In-Depth Apartment Market Reporting

The Eislen Benchmark Report – conducted three times annually – extends surveyed properties to include the full, 50+ unit, property universe.

Activity reporting includes the three segments composing the apartment industry definition of the term Market: Rental Market Conditions; Investor Activity; and Apartment Development. Reporting quantifies change in:

  • Employment
  • Single–Family housing status:
    • Affordability
    • Inventory additions
  • Public Transportation (light rail; freeway) changes
  • Apartment activity, illustrated among four rental household categories:
Household Type

Pierce-Eislen
Context® Rating Categories

Discretionary

A+ / A

Upper Mid–range

A- / B+

Low Mid–range B / B-
Workforce C+ / C / C- / D

Rental Market–Reporting illustrates absolute change by submarket, and rental household category in:

  • Rental Rates
  • Rental concession participation, and:
  • Concession depth

Investor Market – Investor activity– period-to-period, and year-to-year – illustrating total sales by:

  • Number of properties sold
  • Total dollar value of sales
  • Rental Household Category
  • Geographic Region

Development Market – Reporting of period-to-period, and year–to-year apartment completions – by submarket, and by property category:

  • Most–active developers;
  • Property category completions (i.e. Workforce, Low Mid–Range, Upper Mid-Range; Discretionary)
  • Property type completions (i.e. market rate / fully affordable / workforce...)
  • Properties under construction, and in planning / pre–planning, illustrated by submarket and property position (i.e. Age Restricted; Fully Affordable...)

The Eislen Benchmark Report summarizes results in detail of a three–times-annual survey of the full 50+ apartment market-rate apartment universe. Rental surveys are conducted as a renter. Where a property cannot be reached after five attempts, rents are "recycled", based on prior knowledge of rental rates within the surveyed property, and the property's competitive cluster.

(Example)